Bayer has stepped up co-operation with the Vietnamese government to cover unmet healthcare demand According to the latest report by consulting firm Solidiance, the Vietnamese healthcare industry is facing several challenges, such as overcrowded hospitals, obsolete medical equipment, limited state budget, and a shortage of qualified medical staff. Furthermore, Vietnam is currently struggling with increasing healthcare expenditure. Throughout 2013-2017 the growth of per capita healthcare expenditure in Vietnam reached 26.78 per cent, going from $112 in 2013 to $142 in 2017, outpacing GDP per capita growth. Vietnam’s public healthcare expenditure was also the highest among the ASEAN countries, with 3.8 per cent of the GDP in 2014. The growing healthcare challenges have placed substantial pressure on the government to look for private capital and expertise. In this context, Bayer is one of the most active companies embracing public-private partnership solutions to solve … [Read more...] about Bayer’s life giving PPP initiatives

Bayer cites a strong partnership with government, farmers, and the private sector in helping to improve sustainability As the government looks to develop sustainable agriculture, German life sciences giant Bayer has launched many innovative solutions for Vietnamese farmers to secure harvests and increase productivity. One ­initiative the group has developed for the Vietnamese ­market is the Much More Rice programme. The programme combines timely applications of seed treatments, herbicides, fungicides, and insecticides connected with farmer’s ­practices as integrated crop management methodologies that helps them reduce inputs and improve rice yield and quality, and ultimately ­profitability. As a result, the programme is being broadly recognised and adopted by farmers, and has become a testament to Bayer’s efforts to support national ­objectives to lift ­productivity. The company not only provides technical solutions but also enables farmers … [Read more...] about Bayer’s contributions to a sustainable Vietnam

Claus Zieler, Senior Vice President and Head of Commercial Operations, Bayer Pharmaceuticals Division Asia/Pacific outlined Bayer Pharmaceuticals’ strong performance in Asia/Pacific in 2018 and outlook for 2019. — VNS PhotoViet Nam News SINGAPORE — There is a strong demand for Bayer’s innovative medicines in Asia Pacific which has driven the growth of its pharmaceutical business in the region, Claus Zieler, senior vice president and head of commercial operations, Bayer Pharmaceuticals Division Asia Pacific, said. In 2018 the company’s key products like oral anticoagulant medicines, eye medicines and oral cancer drugs continued to be well received by doctors and patients in the Asia Pacific, he said. “Our strong performance year after year speaks of the strong demand for our innovative medicines as they deliver significant benefits to patients battling serious diseases such as cardiovascular diseases, cancer and eye diseases related to ageing and … [Read more...] about Bayer Pharmaceuticals Reports Eighth Straight Year of Growth in Asia Pacific

German chemical and pharmaceutical giant Bayer said on Thursday (Nov 29) it would slash 12,000 jobs in a major restructuring following the mammoth takeover of Monsanto, enabling it to save €2.6 billion (US$3 billion) a year from 2022. Bayer swallowed Monsanto in one of Germany's biggest ever corporate takeovers at a cost of US$63 billion in June. (AFP/Patrik STOLLARZ, John THYS) The planned job cuts will affect about one in every 10 of the group's 118,200 posts, "a significant number of them in Germany", said the group in a statement. Bayer swallowed Monsanto in one of Germany's biggest ever corporate takeovers at a cost of US$63 billion in June. But barely two months later, a court ruling in the US left Bayer with multi-million-dollar damages to pay as the judge found that its newly acquired subsidiary Monsanto should have warned a user about cancer risks from its herbicide Roundup. Announcing details of the restructuring, Bayer said it planned to exit its animal … [Read more...] about Bayer to cut 12,000 jobs after Monsanto takeover